“Beijing saw the Strait of Hormuz crisis as an opportunity to show the world that it could successfully withstand an oil shock…Perhaps Beijing wants to subtly warn the rest of the world that it could not be brought to its knees by an energy blockade.” www.theatlantic.com/economy/2026...
The Great Chinese Oil Mystery
America’s greatest rival is single-handedly averting a global energy crisis. No one knows how the country is doing it—or why.
theatlantic.com